(Alliance News) - The UK's battle-scarred Conservatives on Saturday elected "anti-woke" candidate Kemi Badenoch as its new head, making her the first black leader of a major UK party.
Regardless, the FT's Colby Smith writes, officials are likely to opt for a quarter-point reduction, in "a resumption of a more traditional pace of easing after September's larger than usual half-point ...
"At its September meeting, the Bank of England's guidance set the stage for another reduction in Bank Rate. Since then, key barometers of inflation's stickiness - services inflation and pay growth - ...
(Alliance News) - Ryanair Holdings PLC has warned that it may cut the number of flights from the UK by up to 10% next year, the Financial Times reported on Friday. The Dublin-headquartered air carrier ...
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(Alliance News) - Defence group BAE Systems PLC announced Friday it has signed a contract to supply eight Bofors 40Mk4 naval gun systems for the Royal Netherlands and Belgian Navies. Both navies ...
(Sharecast News) - London stocks closed higher on Friday, as investors digested an unexpectedly low US payrolls figure, as well as a range of UK economic releases. The FTSE 100 index gained 0.83%, ...
The pound was quoted at USD1.2904 early Friday, rising from USD1.2870 at the London equities close on Thursday. It had traded above the USD1.30 mark before Wednesday's budget announcement, however.
The FTSE 100 index closed up 67.05 points, or 0.8%, at 8,177.15. The FTSE 250 ended up 90.78 points, or 0.5%, at 20,479.74, and the AIM All-Share closed up 1.90 points, 0.3%, at 739.00.
The seasonally adjusted S&P Global UK manufacturing purchasing managers' index dropped to 49.9 points in October from 51.5 in September, also falling short of the flash tally of 50.3. A touch below ...
(Alliance News) - ECR Minerals PLC on Friday said it has signed an exclusivity agreement with an unnamed company for the potential sale of its subsidiary, Mercator Gold Australia Pty Ltd.
(Alliance News) - Solid State PLC on Friday announced its acquisition of Q-Par Antennas USA LLC for up to USD2.0 million, as part of efforts to broaden its reach in US markets.